TransAlta Corp. will fast-track its transition to cleaner power — with forecasts of handsome government rewards for its renewables portfolio — and plans to mothball some coal plants in the near term, which is expected to boost low electricity prices.

Alberta's revamped carbon tax for large industrial emitters received some praise Wednesday, but there were also fears the plan could drive up electricity costs for consumers while eroding industry's ability to compete with global players that don't face the same levies.

Alberta’s carbon tax and methane emission rules could cost the oil and gas sector billions of dollars in the coming years, potentially eroding industry competitiveness, according to a leaked government report obtained by the official Opposition.

Structural problems at Calgary's municipal government offices have been a major headache for hundreds of employees who were relocated due to safety concerns, and now taxpayers are on the hook for a $16.

A Calgary mother claims her daughter has been wrongfully held by Chinese authorities since 2014 — and was tortured by her captors — as part of a violent crackdown on practitioners of a banned spiritual movement.

Cam Battley, a senior executive at Aurora Cannabis, quipped in a recent note to company colleagues that "we need to accelerate" mergers and acquisitions activity, because "we haven't acquired any other companies in several hours.

ReidBuilt Homes was once a prosperous builder and developer that sold hundreds of new houses every year, but court records show the family-owned business and its affiliates failed after revenues plunged at a time they were dealing with "unsustainable" debt.